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Wartburg College — ROI, Cost & Payback

Private nonprofit · Waverly, IA · 1,452 students

The verdict

Wartburg College charges a net price of $32,908/yr after aid — a 4-year total of $131,632. Graduates earn a median $56,201 ten years after entry, $7,841/yr above the $48,360 high-school baseline, clearing the total in 16.8 years — a 20-year net return of $25,188, a slow but positive payback. (Scorecard, 2026 · our math.)

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Wartburg College's 16.8-year payback ranks #1,006 of 1,280 US colleges we track — better ROI than 21% of them, and #17 of 47 in Iowa.

Better ROI than 21% of US colleges#1,006 of 1,280
Weakest ROIStrongest ROI
$32,908
Net price / yr
Scorecard, 2026
$56,201
Median earnings, 10 yrs
Scorecard, 2026
16.8 yrs
Payback
Our math, 2026
76%
Admission rate
Scorecard, 2026
Wartburg College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$32,908/yrScorecard, 2026
Total net cost (4 yrs)$131,632our math
Median earnings, 10 yrs after entry$56,201Scorecard, 2026
Earnings premium over HS baseline$7,841/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback16.8 yrsour math
20-year net return$25,188our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Wartburg College's own numbers. Net price $32,908 × 4 years = $131,632 total. Median earnings $56,201 − the $48,360 high-school baseline = $7,841 a year of premium. $131,632 ÷ $7,841 = 16.8 years to break even; twenty years of that premium minus the cost leaves $25,188. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Wartburg College students graduate with?

A median $27,000 in federal loans among completers, or 48% of the $56,201 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Wartburg College students graduate?

64% finish their degree — 36% leave carrying the cost without the credential. Spread the $131,632 bill across that completion rate and the cohort pays $205,675 per graduate produced — our math, and the figure a payback number never shows.

Is Wartburg College expensive compared with other Iowa colleges?

Its $32,908 net price runs $14,319 above the $18,589 median across the 47 Iowa colleges we profile, or $57,276 more across the full degree.

Wartburg College: frequently asked questions

Is Wartburg College worth the cost?
On the numbers, yes. Wartburg College charges $32,908/yr after aid ($131,632 over 4 years), and graduates earn a median $56,201 ten years out — $7,841/yr above the $48,360 high-school baseline. That clears the cost in 16.8 years and returns $25,188 net over 20 years, a slow but positive payback.
How long does a Wartburg College degree take to pay off?
About 16.8 years. We divide the $131,632 four-year net cost by the $7,841/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Wartburg College cost after financial aid?
The median net price is $32,908/yr — about $131,632 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Wartburg College compare to other Iowa colleges?
It ranks #17 of 47 Iowa colleges we track by payback. Its $56,201 median earnings beat the national median of $43,549, and its $32,908 net price is above the national median of $16,902.